10 Mindsets That Will Radically Improve Your Business

Success is something all career-driven individuals desire yet it eludes many people — at least at the levels desired. Why are some businesspeople successful and others not?

It has everything to do with habits, beliefs, passion, flexibility and attitude.

Often there’s nothing really different between one entrepreneur and another in terms of ability, as each person can do whatever he or she wants. What it all comes down to is having the frame of mind to set practical habits and keep a balance between attachment and commitment and letting things happen.

Here are 10 mindsets for success:

1. Choose courage over fear.

To be successful, you have to have courage. And to become courageous, do courageous things. Much of being successful is about going beyond what you think you’re capable of — venturing into the unknown. Whether you fail or succeed, you will learn and grow.

Growth, in and of itself, means attaining a level of success whether it came from success or failure.

2. Believe in yourself.

Attitude is everything. A negative attitude decreases success and a positive attitude creates success. Without that belief in yourself, you’ll lack a path to success.

Success is something that’s created. It’s not something that merely “happens.”

When you firmly believe in yourself, you can achieve virtually anything: It’s within this belief that you’ll find the power to create the resilience and fortitude needed to keep going when things get tough.

3. Choose good company.

Whom you surround yourself with is among the most important choices you’ll make as you climb up the business ladder. Negativity is contagious and if work groups, especially bosses, are negative, there will be a ceiling to your success.

To reach the goals you desire, be willing to change bosses if necessary. Or if you’re the boss, rid your team of toxic people immediately.

It only takes one toxic person to destroy the morale of an entire campaign. Further, when you surround yourself with other successful, goal-oriented individuals, you can learn from them and take on some of their habits to add to your own as you proceed along your road to success.

4. Adopt self-chosen goals.

Knowing and being clear about where you’re headed in business is something that must come from within. When your goals selected by you, you’re more motivated to achieve them.

That’s because by achieving these goals, you attain a new desired piece of yourself. When your goals arise from your instigation, they carry a deeper meaning and confer a greater impact on your identity.

Each self-selected goal realized adds a depth and an internal expansion to you as a person. Personal expansion is just one of the great gifts to come from succeeding in your business goals.

5. Have a purpose and a vision.

Visualization is powerful because actions follow thoughts. A great technique for nurturing your vision and purpose is to make your goals visual. Some people use vision boards; others opt for treasure maps. And still others set goals identifying specific dates for their achievement.

Whatever works best is a matter for the individual to figure out.

I believe that anything that’s written down is more likely to be achieved than visions kept only in the head. When you make your purpose visual, you make it real. When you keep them in your mind, they remain wishes.

6. Accept the challenge.

There are few easy paths up a mountain and often they’re hard to find. Challenge will be an essential piece in any type of success in business.

And challenge is what creates your growth along the journey. Each challenge obstructing your path provides you with the chance to create a more defined direction toward attaining your dream vendors, customers, managers, employees — and numbers. For this reason, bless each challenge. Each one is a compass directing you toward new business leads, circumstances and opportunities

7. Be discerning.

Selectivity creates success. You must think deeply and intelligently about the bigger picture and what it is you need for each step along the way to continue articulating and executing your business goals.

Mindfulness means being aware of all angles and staying sharply in touch with the present so that you do not have to clean up mistakes in the future.

That’s how selectivity offers you the pursuit of success.

8. Be willing to take risks.

There are no guarantees on any path to success in life or business. The unknown is always looming. Therefore, risk and education are often the mechanisms necessary for knowing more clearly if you’re on the right path.

If you’re afraid to risk, you will put limits on your success and stay where you’re comfortable. You cannot get what you want if you don’t risk rejection and go for what you desire.

9. Do what you love.

You’re more likely to succeed in business when you’re invested in your passion and making your career fit your personality. There is a way to find passion about anything and everything you do in life.

You may not love every part of your job but tolerating discomforts by looking at the bigger picture makes your investment of time and energy worthwhile.

10. Gratitude.

When you see life and career in terms of the lack in what you have achieved, you cannot drive your business up the ladder of success. Then negativity is impeding your progress.

You must look at all you have and realize how great what you have is as compared to the situation of many others.

When you have this attitude, you stop suffering and complaining about the small stuff. On each receipt you pay out, write thank you. That’s not only to thank the person, event, vendor or customer for what’s provided you but also to give a private thanks acknowledging that you have the abundance necessary to pay for the service, product or event.

Habits coupled with flexibility provide you with a path to success. Success is fluid and so rigidity will stand in its way.

Developing these mindsets give you a compass to navigate the ever-changing tides on the way to business and financial goals. These mindsets allow openness and flexibility while also providing you precise direction.

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FEW FACTS ABOUT WEALTH AND EMPLOYMENT

(1.) Your salary will never make you rich. Your boss isn’t that foolish.

(2.) Your salary is fixed. Are your expenses fixed?

(3.) If your company pays you the exact true value of the services you render, they would be running at a loss. As an employee, you are underpaid.

(4.) Once you get HIRED, you either get FIRED or RETIRED, you may also resign when you’re TIRED.

(5.) Salary is the bribe you’re given to forget your dreams, family, freedom, self-esteem, academics, social life and other personal goals.

(6.) Your kids won’t inherit your post in that company you’re employed in. Employment is not hereditary.

(7.) If your salary is not huge enough to pay your bills, leaving you with sufficient amount to save, prepare for poverty after you stop work.

(8.) If you must work, before you eat, if you get paralysed, ill or become aged, hunger will kill you.

(9.) Being an employee is a bit similar to being a slave. you take orders and you are regimented. when will you become a master?.

(10.) In Forbes list of the richest men in the world there is no employee.*Do you have a plan B to fall back to?

History of 11 most famous entrepreneurs

Today I’m sharing a list featuring 11 of history’s most famous entrepreneurs. From Oprah to Hans Christian Anderson, we’re sharing these tales of past and present entrepreneurs who had to claw their way to the top.

1. Oprah Winfrey

I think Oprah Winfrey has one of the most amazing modern rags-to-riches stories of all time. As you’re probably well aware, Oprah is the richest African American of the 21st century, and with a net worth of over $3 billion, she is regarded as arguably the most influential woman in the world.

Her incredible success is all the more impressive considering her rough upbringing. The daughter of an unmarried teen who worked as a housemaid, Oprah grew up in extreme poverty. Her family was so poor that, as a child, Oprah was teased at school for wearing dresses made of potato sacks. She also was the victim of sexual abuse at the hands of family members, which she discussed with TV viewers during a special episode of her show.

Oprah’s first big break was her gig at the local black radio station. Stations managers were impressed with her oration and passion, leading Oprah to work her way up the ranks to bigger radio stations, eventually resulting in her appearing on TV as well.

It was actually Robert Ebert who convinced Oprah to sign the deal that launched The Oprah Winfrey Show. And the rest, folks, is history.

2. Walt Disney

Walt Disney started off as a farm boy drawing cartoon pictures of his neighbor’s horses for fun. When he was older, Walt tried to get a job as a newspaper cartoonist, but was unable to find one and ended up working in an art studio where he created ads for newspapers and magazines. Eventually he grew to work on commercials, became interested in animation, and eventually opened his own animation company.

Disney’s first original character creation was Oswald the Lucky Rabbit, but it was officially owned by Universal Pictures because he was working under contract at the time. When Walt walked out on Universal Pictures after getting a pay cut, he needed to create a replacement, which is how Mickey Mouse came into being.

Disney was wildly successful with his animation company, but he wasn’t satisfied. He was determined to make the biggest and greatest theme park ever seen, saying to a colleague, “I want it to look like nothing else in the world.”

One of the biggest entertainment moguls of all-time, with an unrelenting spirit and commitment to his vision, Disney is undoubtedly an entrepreneurial all-star.

3. J.K. Rowling

Today J.K. Rowling is a household name for fans of the beloved Harry Potter book series, but she wasn’t always gifted with magic. The fact is, J.K Rowling was at her rope’s end before her misfit gang of witches and wizards saved her. Before her bestseller cast a spell on readers, J.K. Rowling was living on welfare and struggling to get by as a single mother.

Today she is estimated to have a net worth of $1 billion. Rumor has it she’s also the president of Gringotts Wizarding Bank, although it’s a bit of a secret among the goblins.

Did you know that some people believe that J.K Rowling sold her soul to the devil in exchange for the Harry Potter inspiration? When you’re so successful people think you’re making deals with the devil, you’re a pretty big deal.

4. John Paul DeJoria

Today he’s known for his Paul Mitchell hair products and for Patron Tequila, but John Paul DeJoria started off at the bottom. A first-generation American, DeJoria was born to German and Italian parents. He was sent to live in a L.A. foster home, and he even spent time in a street gang.

When he first created John Paul Mitchell Systems, he was selling his hair products door to door while living out of his car. It all paid off, though–today John Paul Mitchell Systems earns over $900 million a year.

John Paul DeJoria proves that things have to get worse before they get better.

5. Madam CJ Walker

Sarah Breedlove (aka Madam CJ Walker) was one amazing lady. She is regarded as the first black female self-made American millionaire.

Born in 1867, her parents and older siblings had been slaves on a Louisiana plantation. She was the first of her family to be born into freedom (that’s some lucky timing!).

Madam CJ Walker started her own line of beauty and hair products specifically designed for black women. She saw a market that wasn’t being met, and created a solution to a problem no one else seemed interested in solving.

As you can imagine, during her time she had to fight tooth and nail for every step up the ladder. A smart, strategic, and enterprising woman, she perfectly embodies the entrepreneurial spirit (with stylish hair to match).

6. Steve Jobs

You can’t really make a self-respecting “famous entrepreneurs” list without throwing in Steve Jobs. Jobs dropped out of college because his family couldn’t handle the financial burden of his education. He unofficially continued to audit classes, living off free meals from the local Hare Krishna temple and returning Coke bottles for change just to get by. Jobs credited the calligraphy class he stopped in on as his inspiration for the Mac’s revolutionary typefaces and font design.

7. Andrew Carnegie

Just hearing Andrew Carnegie’s name brings back yawns and daydream distractions from high school history class. I had no interest in Carnegie back in school, but today he serves as a pretty amazing example of entrepreneurship.

Carnegie had a really rough life growing up. He spent his childhood working in factories, and at night he forced himself to sleep as a way to forget his constant hunger.

Carnegie eventually worked his way up to becoming a superintendent for the Pennsylvania Railroad Company before creating several of his own businesses, the most successful being the Carnegie Steel Mill. Despite being one of the richest Americans of all-time, he also serves as a class act example of generosity.

Following his belief that “the man who dies rich dies disgraced,” Carnegie donated nearly 90 percent of his wealth to various charities and foundations. His is widely considered one of the largest benefactors of libraries and educational institutions across the country. Thank you, Carnegie, for giving a second home to us nerdy kids who practically lived in our local libraries.

8. Benjamin Franklin

Only an entrepreneur would conduct some of the wacky experiments old Benny was always up to. Franklin is credited with creating the lightening rod, bifocals, and the Franklin stove (yeah, that last one might have been a bit of a flop).

9. John D. Rockefeller

Even though we give these Gilded Age guys a lot of tough love for being so filthy rich, you can’t say they didn’t do good with their fortunes.

One of the world’s wealthiest individuals of all time, Rockefeller was born the son of a traveling salesman. He showed early entrepreneurial promise selling candy and doing odd jobs for neighbors, eventually going on to become the founder of the Standard Oil Company. There’s no business quite like oil business, and it made Rockefeller filthy rich.

While Rockefeller is accused of using shady business tactics to wipe competitors off the map, over his lifetime he donated $500 million to philanthropic causes (which he was inspired to do by Carnegie).

10. Hans Christian Anderson

Hans Christian Anderson’s fierce determination and self-starter mentality make him another great example of a famous entrepreneur.

Anderson grew up poor, but set off alone to Copenhagen at 14 when a fortuneteller told him that although he would suffer early on, eventually he would become famous.

Those predictions came true, as Anderson first tried and failed to become actor and singer. Seeing something special in Anderson, the director of the Royal Danish Theater took him under his wing and attended to his education. Anderson was teased terribly at school and harassed by students and a hateful headmaster, and he considered those some of the darkest days of his life.

Today Hans Christian Anderson is still beloved, known for rich fairy tales, many of which have inspired Disney animation classics (which, it should be noted, have much happier endings than the original tales).

11. Bill Gates

Bill Gates is one of the most famous entrepreneurs of our era. The richest man in the world, Gates has a net worth estimated to be over $79 billion. He’s held the title of “world’s wealthiest individual” for 16 of the past 21 years.

Co-founder of the world’s largest PC software company, Microsoft, Gates was one of the defining figures of the personal computer revolution.

Gates showed an interest in computer programming at a very young age, spending all of his free time creating programs on the teletype terminal computer his school had donated. Gates went on to create Microsoft and develop the Windows operating system, which continues to be tremendously popular.

Bill Gates is, like many other famous entrepreneurs, also known for his philanthropic activities, donating very large amounts of money to charitable organizations and scientific endeavors. Gates established the Bill and Melinda Gates Foundation in 2000, a private philanthropic foundation dedicated to reducing poverty, enhancing health care, improving education opportunities, and providing access to technology worldwide. Gates himself has donated over $28 billion to the foundation, which he continues to work for.

Making wealth for beginners!

You may already know that toxic behaviors that can derail your finances. But just as important as breaking bad money habits is forming good ones. Below are simple steps to help you through this

1. Automate your finances

If your financial plan isn’t on auto-pilot, change that immediately, encourages self-made millionaire David Bach. Automating your finances— sending your money automatically to investment accounts, savings accounts and creditors — allows you to build wealth effortlessly.

It’s “the one step that virtually guarantees that you won’t fail financially,” Bach writes in “The Automatic Millionaire.”

“You’ll never forget a payment again — and you’ll never be tempted to skimp on savings because you won’t even see the money going directly from your paycheck to your savings accounts.”

2. Invest your ‘spare change’

Investing is one of the most effective ways to build wealth, and contrary to popular belief, you don’t need a lot of money to get started.

In fact, thanks to micro-investing apps such as Acorns, you can start by simply investing your “spare change.” The app will round up your purchases to the nearest dollar and automatically put any spare change to work.

Other apps also aim to make investing simple and accessible, and automated investing services known as robo-advisorscan work for you, no matter how much you have in the bank.

The key takeaway: Start investing sooner rather than later to take full advantage of compound interest. As Bach explains, “the miracle of compounding can transform a relatively small but consistent amount of saving into major wealth.”

3. Come up with specific money goals

“The number one reason most people don’t get what they want is that they don’t know what they want,” self-made millionaire T. Harv Eker writes in his book “Secrets of the Millionaire Mind.” “Rich people are totally clear that they want wealth.”

To reach that level of clarity, he suggests writing down goals for your annual income and net worth. Like all goal-setting, be realistic, but don’t be afraid to challenge yourself. After all, the wealthiest people aren’t afraid to think big.

4. Save, don’t spend, unexpected cash

Pretend that extra money, such as a bonus, birthday check or any windfall, doesn’t exist.

Get in the habit of putting any surprise cash, even if it’s just that $20 bill you found in your coat pocket, to work. Apply it to student loans, credit card debt, your emergency fund or any investment account. It’ll add up.

Plus, establishing this habit early on will help you avoid lifestyle inflation when you get more surprise cash in the form of a raise.

5. Spend 30 minutes a day reading

Rich people tend to read. They continue to teach and invest in themselves long after formal education is over. “Walk into a wealthy person’s home and one of the first things you’ll see is an extensive library of books they’ve used to educate themselves on how to become more successful,” self-made millionaire Steve Siebold writes in his book “How Rich People Think.”

6. Set your alarm clock earlier

In addition to reading, wealthy people tend to wake up early. Self-made billionaires Richard Branson and Jack Dorsey start their days at 5:00 a.m., and they’re far from the only successful people to get up before the sun.

In a five-year study of hundreds of self-made millionaires, author Thomas C. Corley found that nearly 50 percent of them woke up at least three hours before their work day actually began.

We can’t guarantee that joining the early bird club will make you rich, but it can’t hurt, and it will almost certainly make you more productive.

7. Surround yourself with successful, high-earners

Who you hang out with matters more than you may think. In fact, your net worth tends to mirror that of your closest friends, Siebold points out.

“Successful people generally agree that consciousness is contagious, and that exposure to people who are more successful has the potential to expand your thinking and catapult your income,” Siebold writes. “We become like the people we associate with, and that’s why winners are attracted to winners.”

If it works for the millionaires and billionaires, it could work for you.

Use what you have

Don’t waste a lot of time making judgments about what you have. Instead, put it to use.

Stop complaining that it’s not enough or that it’s not fair. Just get busy and make the most of it.

Fighting against what already is, will only slow you down. Instead, make good and productive use of what is, whatever it may be, and you’ll find many ways to move forward.

If you wait until things are perfect before taking action, that day will never come. Use what you have, as flawed and imperfect as it may seem, and you’ll soon be making massive improvements to it all.

Don’t worry about comparing what you have to what others may or may not have. Just concern yourself with doing the best you can do.

Start from where you are, with what you have, and persistently do what you know you must do. There is no limit to where you can go.

Infuse your life with action. Don’t wait for it to happen. Make it happen. Make your own future. Make your own hope. Make your own love. And whatever your beliefs, honor your creator not by passively waiting for grace to come down from upon high, but by doing what you can to make grace happen….. yourself, right now, right down here on earth.

NB: Life is 10% what happens to you, and 90% how you react to it. Either you decide to be reactive or proactive.

Optimism is the faith that leads to acheivements.

Go and glow. The world eagerly waits for you. Ocupy your space.

So You Want to Be Your Own Boss… 8 tips to get you going, even if you don’t know where to start.

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